Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Crypto
Crypto Analyst Predicts Bitcoin Decline From Here, But What Happens Next?
The Bitcoin price has crashed back toward the $56,000 level after a brief pump triggered by the CPI data release on Thursday, showing that inflation rates came out at 3%, lower than expected. This bearish trend has continued despite desperate attempts from bulls to keep the price up. Even then, one crypto analyst does not believe that the decline is done and expects the fall to continue from here. Bitcoin Dump Far From Over A crypto analyst on the TradingView…
12 months ago
Crypto Market Awaits Reaction After German Government Now Has Zero Bitcoin
The German government has finally emptied its Bitcoin (BTC) wallet. On-chain data reveals that a series of transactions on July 12 concluded the government’s sell-offs. This decision has sparked discussion within the crypto community, highlighting speculation about the future impact on the market. German Government Bitcoin Sale Concludes, Market Awaits Long-Term Impact Arkham Intelligence data indicates that the German government began its sales spree yesterday by sending 2,700 BTC to major exchanges such as Kraken, Bitstamp, and Coinbase. Additionally, it…
12 months ago
Argentine Crypto Exchanges Under Scrutiny: A Closer Look at Regulatory Impact
CoinCub ranks Argentina among the most restrictive countries for cryptocurrencies, similar to Nigeria, China, and Russia. Despite regulatory challenges, President Javier Milei’s neutral stance offers some hope, yet he did not veto new regulations. In Argentina, the regulation for cryptocurrencies, particularly Bitcoin, has sparked a range of reactions among users. Introduced over three months ago, these regulations described in CNF, aim to oversee cryptocurrency exchanges and service providers. This move, orchestrated by Argentina’s National Securities Commission under international financial guidelines,…
12 months ago
Market Strategist Predicts 32% Stock Market Crash, How Will This Affect Crypto?
Peter Berezin, chief global strategist at BCA Research, has predicted that the stock market will experience a significant crash by 2025. His prediction is noteworthy, given the impact that a decline in the stock market could have on the crypto market. Market Expert Predicts 32% Crash In Stock Market Berezin mentioned in an interview that the S&P 500 will decline by 32% and drop to 3,750 by next year. He explained that this downtrend would occur due to a recession…
12 months ago
Crypto Fear Index Hits ‘Extreme’ as Bitcoin Fails Key $60K Breakthrough – $50,000 or $60,000 Next?
The Crypto Fear & Greed Index has hit the ‘extreme fear’ category, its lowest level since December 2022, as Bitcoin’s price struggles to stay above $57,000. Despite Trump’s appearance at the Bitcoin 2024 Conference pushing the top crypto yesterday, it was rejected by the $60,000 level, and analysts warn that further downsides are looming. Bitcoin continues to struggle on the price charts, and despite a slight rally in the past four hours, the top crypto is down over 2% in…
12 months ago
SEC vs. Crypto – Two consecutive Victories for Crypto Ecosystem
The post SEC vs. Crypto – Two consecutive Victories for Crypto Ecosystem appeared first on Coinpedia Fintech News Everyone knows about the SEC vs. Crypto game. It has been years since the SEC decided to go after various crypto organization and their tokens. One such case, almost forgotten by the community is SEC vs Blockstack, a blockchain software developer company.The U.S. Securities and Exchange Commission (SEC) has given the crypto industry another reason to celebrate. On July 12, the SEC…
12 months ago
Top Crypto Stories: Bitcoin’s Resilience, Binance Coin Whale Moves, and Furrever Token Launching Soon!
The post Top Crypto Stories: Bitcoin’s Resilience, Binance Coin Whale Moves, and Furrever Token Launching Soon! appeared first on Coinpedia Fintech News Today in the cryptocurrency market, three key players are in the spotlight: Bitcoin, Binance Coin, and the new Furrever Token. Bitcoin remains robust at $58,000 amid market fluctuations and anticipation of U.S. inflation updates. Binance Coin is experiencing volatility due to significant movements by large investors, prompting caution among traders. Meanwhile, Furrever Token is generating buzz with its…
12 months ago
The Power Of Memes In Crypto: Why Dogecoin Was a Success Story?
Cryptocurrencies have shown that a good meme culture can take a coin to places nobody could have predicted. The first meme coin ever created was Dogecoin (DOGE), which perfectly illustrates this phenomenon. Newcomers such as Floki (FLOKI) or Angry Pepe Fork (APORK) have also entered this trend by tapping into the meme industry. FLOKI has seen some success and continues to grow, as some experts foresee it ripping soon. Meanwhile, Angry Pepe Fork is a Stage 1 presale sensation that…
12 months ago
WienerAI Crypto Presale Ends July 31st – Tier 1 CEX Listings Rumored
WienerAI’s ongoing crypto presale is now scheduled to end on July 31st. The announcement has resulted in strong FOMO surrounding the new meme coin, which has already raised over $7.3 million in a matter of few weeks. Therefore, this figure could be much higher by the end of the month. WienerAI has also captured the attention of smart money traders, with crypto YouTubers such as ClayBro calling it “the ultimate meme coin”. Others have also called it one of the…
12 months ago